Latest – Page 68
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News briefsYouTube expands e-commerce features
YouTube is to introduce shopping features to its video feature “Shorts” service, according to Reuters. The streaming service is also testing new commission schemes for influencers who sell products through links in videos. The feature is initially being tested with eligible creators in the U.S. and will allow them to ...
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News briefsDecathlon to promote sports among the youngest in Spain’s Valencian Community
The Decathlon stores in Spain’s Valencian Community have teamed up with the Trinindad Alfonso Foundation to promote sports among the youngest in schools across the region. The Trinidad Alfonso Foundation is chaired by Juan Roig, the majority owner of the Spanish supermarket chain Mercadona. The Decathlon stores in the autonomous ...
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News briefsHohenstein invests €1.3 million in AI-startup Sizekick
Hohenstein, a German provider of textile testing and a founding member of Oeko-Tex, has invested €1.3 million in Sizekick, a Munich-based software-as-a-service (SaaS) startup founded in the summer of 2022. Hohenstein’s investment is intended to enable the product launch in 2023. Sizekick’s software is designed to help online shoppers find ...
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News briefsOn expands its resale program to apparel
Performance sportswear brand On has announced the expansion of its Onward resale program to include its apparel collection. Alongside On’s footwear offering, consumers will now be able to shop a wide assortment of pre-owned men’s and women’s performance apparel. The Onward program is powered by California-based Trove. Onward initially launched ...
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News briefsSport 2000 Austria grows in 2022, is cautious with future forecasts
The expansion of strategic focus areas and the further development of logistics and sustainability topics were the focus of the recent Sport 2000 Austria general meeting. For the calendar year 2022, Sport 2000 Austria continues to expect a sales increase of around nine percent. However, the board is cautious with ...
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ArticleFoot Locker raises FY outlook, decides to exit some geographies
Citing better-than-expected third-quarter results, plans to further realign its brand portfolio and a strategy to move to 300 non-mall locations by 2024, Foot Locker today raised its full-year outlook. The retailer, which has decided to abandon a fourth quarter entry into Japan and exit joint ventures in Benelux and Eastern ...
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ArticleAlibaba’s operating income increases 68%
Alibaba experienced a 3 percent jump in revenues to 207.2 billion yuan renminbi (€28.1bn) from RMB 200.7 billion for the period ended Sept. 30. The increase occurred despite the Covid-19 resurgence in China that depressed consumer demand, currency volatility, higher logistics costs and slowing cross-border commerce. China sales fell by ...
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News briefsPeloton expands collaboration with Amazon in the U.K. and Germany
Peloton Interactive announced that it is expanding its collaboration with Amazon in the U.K. and Germany. Certain Peloton products and accessories are now available on the U.K. Amazon Store and will be available on German Amazon stores in the coming weeks. The shaken connected fitness company is expanding its sales ...
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News briefsRossignol launches new multi-brand mountain sports store concept
Rossignol Group has announced the opening of its “Start Gate” stores in Bex (Switzerland) and Bromont (Canada). The stores offer customers products from the group’s brands in a single location, alongside specialist technical and customization services. The group’s portfolio includes the brands Rossignol, Dynastar, Lange, Look, Kerma and Risport. The ...
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News briefsHurley is focusing on expansion
U.S. action sports brand Hurley is currently reporting sales growth of more than 50 percent through September 2022. The year kicked off for the brand, which was acquired by Bluestar Alliance from Nike in 2019, with the Hurley Pro Sunset Beach, the first competition it has sponsored in nearly three ...
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News briefsSport 2000 promotes Bert Verdijck to country manager Benelux
Bert Verdijck, manager of the Belgian operations of Sport 2000, will take over a newly created role as country manager Benelux for the buying group based in Mainhausen, Germany, by expanding his area or responsibility to include the Netherlands and Luxemburg. In this role, he reports directly to the Sport ...
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ArticleCreator-guided shopping platform LTK adds first Chief People Officer
Source: LTK Patricia Gonzales, the new CPO of LTK LTK, formerly rewardStyle, a global technology platform that connects creators, brands and shoppers to facilitate commerce online and through the LTK shopping app, has announced Patricia Gonzales as the company’s first chief people officer (CPO). LTK, which calls ...
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News briefsNew Klarna in-app search and compare tool as an alternative to Google and Amazon
Klarna launched a new “rich and unbiased search and compare tool” in the Klarna App in the U.S. last month and is now expanding it to the U.K., Sweden and Denmark. The tool compares prices from thousands of retailers. In addition, consumers can filter their search by criteria that matter ...
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ArticlePuma and Foot Locker expand partnership with special collabs for next-gen customers
Following Adidas’ increased collaboration with the retailer after Nike’s gradual exit from Foot Locker earlier this year, Puma is now also massively stepping up its collaboration with the New York-based sports retailer with some promotions designed specifically for a younger demographic. The two companies announced an expanded partnership, highlighted by ...
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News briefsFusalp to open first Spanish store
High-end skiwear brand Fusalp is set to open a store in Madrid, the brand’s first in Spain, Palco 23 has reported. The store will be located at 88 calle Claudio Coello, in the Salamanca district, one of the wealthiest areas in Spain’s capital city and a major shopping district. Fusalp ...
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C-Suite InterviewHummel’s hybrid recipe with a wholesale bias drives sustainable success
Hummel has reached 2B DKK revenue. We sat down with their CEO Allan Vad Nielsen to talk about the success strategy.
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News briefsDanish orthopedics specialist KSO joins Running Experts Europe
Source: SPORT 2000 From left to right: Jannich Hammer Marker, COO KSO, Jörg Seifert, Head of Division Running SPORT 2000, Jan Steinicke, CEO KSO. Danish running and orthopedics specialist Kaiser Sport & Orthopaedi (KSO) has become part of Running Experts Europe, the network of running specialty retailers ...
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News briefsHervis opens store in Saalfelden
Following its major revitalization offensive at the beginning of the year, Hervis has launched a new opening in Austria just in time for the start of the winter business. Equipped with the latest store concept, the Hervis store in Saalfelden opened its doors on Oct. 27 with an area of ...
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News briefsFirst Under Armour store in southern Italy
Oberalp, the exclusive distributor of Under Armour in Italy, has opened an Under Armour store in Catania, Sicily, the first of the American brand in southern Italy. The new 120-square-meter store is located inside the Centro Sicilia shopping mall. The recent opening brings the number of Under Armour stores operated ...
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News briefseBay’s sales continue to decline
eBay has posted another revenue decline in Q3, which was marked by inflation and economic worries. In the quarter ended September 30, revenues fell five percent year-on-year to $2.4 billion. Adjusted income fell seven percent to $552 million. eBay has been struggling since the pandemic online order boom came to ...
